2021 Logistics Outlook: Emerging Trends In Warehousing

GlobalTranz

As COVID-19 continues to reshape the supply chain, we're looking ahead to the emerging trends in warehousing you need to be aware of to ensure your organization thrives in 2021. Five Emerging Trends In Warehousing To Prepare For In 2021. Transform The Warehouse Network.

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Top 25 3PL warehousing companies in 2020 (by revenue)

6 River Systems

Third-party logistics companies ( 3PLs ) specialize in distribution, warehousing and fulfillment services. The core competency of these companies is logistics , and they do it well. Read on to learn more about the top revenue-earning 3PL warehousing companies in 2020.

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Multi-echelon Inventory Optimization vs Inventory Optimization

ToolsGroup

Now consider that by not optimizing your inventory from a global vantage point you may be creating, if not outright chaos, a much less efficient network than you could have. The basic approach to inventory optimization. The multi-echelon inventory optimization approach.

Will rising warehouse and inventory costs feed trucking demand?

The Supply Chain Journal

Chart of the Week: Logistics Managers Index – Inventory Levels, Warehouse Capacity SONAR : LMI.INVC, LMI.WHCP. In 2019 shippers crammed warehouses with imports to get around tariffs, coinciding with a slowdown in the freight market.

Warehouse Automation in a Time of Rapid Change

Logistics Viewpoints

Last week I had the opportunity to speak with Markus Schmidt, President of Swisslog Americas , about warehousing in today’s environment of rapid and often unpredictable change. Finally, what wisdom can you provide to companies embarking on their automation journey today?

Will rising warehouse and inventory costs feed trucking demand?

The Supply Chain Journal

Chart of the Week: Logistics Managers Index – Inventory Levels, Warehouse Capacity SONAR : LMI.INVC, LMI.WHCP. In 2019 shippers crammed warehouses with imports to get around tariffs, coinciding with a slowdown in the freight market.

Top 10 Benefits of Third-Party Warehousing Solutions

BR Williams Supply Chain Management

Why switch to a third-party like BR Williams for your warehousing solutions ? Juggling warehousing and fulfillment alongside all the other work you need to run your business can be overwhelming. Here are the top 10 benefits of third-party warehousing: 1.

Inventory Planning vs. Inventory Optimization: What’s the Difference?

ToolsGroup

What’s the difference between traditional inventory planning and inventory optimization? Optimizing your inventory is a different beast than simply planning your inventory. They face a complex distribution network and optimizing inventory for each location is challenging.

Lean Warehousing

LeanCor

Lean Warehousing – From Paradox to Operational Excellence. Before we start talking about Lean Warehousing, can you tell us a little bit about LeanCor Supply Chain Group? Relative to our topic today, Lean Warehousing, is it a big part of your operations? What we know for sure is that lean warehousing, just by the nature of the term itself, can be a paradox at best. Robert: I suspect many people think the term “lean warehousing” is an oxymoron.

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The 7 Warehouse Service Offerings

The Logistics of Logistics

There are 7 main types of warehouse services offerings. While each warehouse company has it’s own unique specialties, these are the predominant warehouse service offerings. Everyone knows what a warehouse is, but I decided to publish Wikipedia’s definition because it was really good. Warehouse Definition. A warehouse is a commercial building for storage of goods. The 7 Warehouse Service Offerings. Warehouse Service Offering 2 – Sub-assembly.

Supply Chain Inventory Optimization – Beyond the Analytics

GlobalTranz

It is easy to make analytics the cornerstone of warehouse and distribution center management. While analytics offer remarkable insights into supply chain inventory optimization, warehouse managers must still understand how the use of slotting optimization technology impacts other processes. Siloed Data Must Be United for True Supply Chain Inventory Optimization. Consider upgrading your existing warehouse management system (WMS) or implementing cloud-based systems.

3PL Warehousing 101

Kanban Logistics

The modern warehouse offers much more than basic storage. It’s home base for sophisticated eCommerce operations, high-velocity retail distribution, vendor managed inventory, and a variety of other services. Types of 3PL Warehousing. The Warehouse Management System.

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Warehousing and Logistics

LeanCor

Warehousing and Logistics: How Important is Synchronization? Warehousing is a key component of logistics management and how businesses manage the transportation and storage of their inventories. Warehousing and logistics must be aligned within a firm to have the most efficient effect on overall manufacturing production as well as outbound logistics activities. Warehousing and logistics are two different aspects of similar functions within the supply chain.

The Go-To List of Ways to Improve Inventory Management

GlobalTranz

Today’s warehouse managers need better inventory management strategies. This is nothing new, but as the world has evolved, the ability to improve inventory management has evolved in stride. The post The Go-To List of Ways to Improve Inventory Management appeared first on Transportation Management Company | Cerasis. Inventory Management Supply Chain Technology Warehouse ways to Improve Inventory Management

Using Technology to Improve Inventory Management

GlobalTranz

Using technology in the warehouse is one of the most effective ways to improve inventory management and reduce returns. Since returns represent a significant cost to companies, it is imperative for retailers to take steps to improve inventory management and manage returns. The post Using Technology to Improve Inventory Management appeared first on Transportation Management Company | Cerasis.

Inventory Control and Inventory Management

My Office Apps

Inventory Control and Inventory Management. Regardless of the industry that your business is in, one of the universal truths of operating a successful business is optimized inventory management and control of inventory. Inventory Control In Different Industries.

6 Best Practices for Warehouse Management

BR Williams Supply Chain Management

If you want your facility operating at maximum capacity with low overhead, get ahead of the competition by staying on top of new warehouse management best practices and logistics best practices. It’s time to adopt a warehouse management system (WMS).

Logistics Warehousing in the Pharmaceutical Supply Chain

Kanban Logistics

And perhaps no element of the supply chain is more integral to the safety of pharmaceutical products than the warehouse. About Pharmaceutical Warehousing. These standards apply to pharmaceutical warehouses , processes, and to the drugs themselves. Warehousing

Jumping on a Bandwagon? Pros and Cons of On-Demand Warehousing!

Supply Chain Game Changer

Keys to Success in Warehouse Management/Order Fulfillment! On-Demand Warehousing article and permission to publish here provided by Will Schneider at Fulfillmentcompanies.net. And right now, you might be thinking of giving this new-fangled on-demand warehousing a go.

Warehousing 101: An Introduction to Digital Warehouse Automation

RFgen

Key Takeaways: Warehousing and distribution face unprecedented pressures from COVID-19 disruption, commoditization, labor shortages and rising customer expectations. Warehouse automation is an effective way to gain efficiencies, cut costs and scale operations. High warehouse turnover.

Warehouse Digitalization: The Warehouse of Tomorrow

Vinculum

The Digi-Smart manufacturing process empowers enterprises to gain control of their warehouses and ensures that products can be delivered to customers as quickly as possible. This wave of change has made warehouses smarter and more agile.

Food inventories ‘literally being eaten into,’ Americold says

The Supply Chain Journal

Food producers’ inventory is “literally being eaten into,” said Fred Boehler, president and CEO, on a Thursday evening call with analysts. Elevated inventories in the first quarter of 2020 also hurt the comparison. In 2020, the company executed $2.6

Why inventory management should be a company-wide conversation

Kinaxis

by Alexa Cheater Don’t get caught having your company’s inventory management conversation alone! Making the most of one of your company’s largest assets means bringing together everyone involved from the manufacturing floor to the corner office, and focusing on more than just what’s in your warehouse. Successful inventory management all boils down to a delicate balancing act. Interested in learning more about successful inventory management?

8 Common Warehousing Mistakes and How to Avoid Them

Logistics Bureau

To say there is any one single way in which to manage a warehouse would be folly—much depends on the nature of the supply chain and of the warehouse itself. Conversely, of course, this also means there are a number of ways in which companies can get it wrong. To help you keep on top of your warehouse management and ensure your storage facilities don’t generate undue supply chain costs, take note of the following eight common warehousing mistakes.

How 3PL warehouse companies can support your supply chain in 2021

Kanban Logistics

One of these effects is an increased demand for warehousing space that will make it harder to find space of your own and will also ensure that you pay more for the space you do find. Tightening of warehouse space availability. How 3PL warehouse companies can support your operations.

What is Inventory Management?

Supply Chain Game Changer

Featuring Our 10 Best Inventory Management Articles! Inventory makes the world go round. Trillions and trillions of dollars of inventories exist all over the world in every conceivable form and in every conceivable channel. What is Inventory Management ? Subscribe Here!

Tips for Maximizing Warehouse Space

GlobalTranz

The 2018 State of Logistics Report , sponsored by 3PL Central , indicates warehousing models are evolving at a phenomenal rate. More importantly, demand for warehouse space is at an all-time high, and warehousing is still short two million workers. percent of warehouses vacant, warehouse managers are still stuck with the challenge of maximizing warehouse space. Since customers’ needs evolve on a continuing basis, warehouses must evolve in tandem.

What Is an Inventory Management System & Its Role in Omnichannel Fulfillment?

GlobalTranz

Supply chain leaders often interchangeably refer to both a warehouse management system and an inventory management system as one and the same. The post What Is an Inventory Management System & Its Role in Omnichannel Fulfillment?

Steps to Controlling Inventory Flow & Driving Warehouse Efficiency

GlobalTranz

Controlling inventory flow is a top priority among warehouse managers, and gaining control over inventory drives warehouse efficiency. However, figuring out the best way to achieve this feat can be confusing, so warehouse managers should follow these steps. Controlling Inventory Flow Begins With Liquidate Nonessential Products. Warehouses have a tendency to become stock rooms for stale product. Supply Chain Technology Warehouse

Embrace Lean Warehousing Practices in 2017

Talking Logistics

Even the most determined business optimist would be hard-pressed not to find a warehousing cost that isn’t creeping skyward. From the electricity powering the lights to the labor costs of each order picked, embracing “lean” principles is one of the few proven ways that a company can fight back from its bottom line. Imagine you have 10 warehouse racks, but at any given time, you only use shelf space equivalent to 7 full racks.

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[PODCAST] The Role of Supply Chain Technology for More Effective Inventory & Warehouse Management

GlobalTranz

Listen to “The Role of Supply Chain Technology for More Effective Inventory & Warehouse Management” on Spreaker. The post [PODCAST] The Role of Supply Chain Technology for More Effective Inventory & Warehouse Management appeared first on Transportation Management Company | Cerasis. Inventory Management Podcast Supply Chain Technology Warehouse supply chain technology

Commodity price spikes slow logistics warehousing activity but don’t stop it

The Supply Chain Journal

million square feet more space than they vacated, an all-time quarterly record, roughly double the long-term average and nearly 67% higher from the first quarter of 2020, according to data from Colliers International (NASDAQ:CIGI), a real estate services and investment management company. .

7 Innovative Warehouse Management Technologies to Adopt

GlobalTranz

When it comes to warehouse management, constant evaluation and adoption of crucial technologies is critical so as to improve profitability and stay competitive. Today, warehouse managers have a wide array of technologies to choose from as they strive to reduce costs, improve efficiency and streamline operations. They must ensure that goods, materials and products flow effortlessly by optimizing their warehouse operations through the use of warehouse technologies.

Lessons Learned From 2018 Peak Warehousing Season

Veridian Solutions

The 2018 peak warehousing season flourished on the optimism in the market. The biggest problem in the 2018 peak warehousing season surfaced before the season even started. The lessons learned from 2018 teach us the basic principles of how companies can achieve success in the modern age. Supply chain leaders overcame the obstacles by focusing on the positive sentiment that resulted from more sales and how those benefits translated into improvements for the company.

Top Warehouses in North America 2013

The Logistics of Logistics

The top warehouses in North America were recently profiled in a great article by the fine folks at Modern Material Handling. When mapping a supply chain, I would always put a big red circle around the warehouse. Back then, a warehouse was always suspected of being a big waste of money. In lean consulting, you would often find excess inventory, rework, over processing and other wasteful practices inside a warehouse. The 7 Warehouse Service Offerings.